Fort Walton Beach — Comprehensive Financial Report September 30, 2015 — reading text

34,423 1,004,651 1,039,074 Transfers out - - - - (25,000) - (25,000) Total other financing sources (uses) - - - - 9,423 1,004,651 1,014,074 NET CHANGE IN FUND BALANCE (56,783) 486 (2,024) 10,294 10,036 - (37,991) FUND BALANCE AT BEGINNING OF YEAR 279,567 10,476 275,903 (6,231) 2,249,720 25,449 2,834,884 FUND BALANCE AT END OF YEAR $ 222,784 $ 10,962 $ 273,879 $ 4,063 $ 2,259,756 $ 25,449 $ 2,796,893 93  CITY OF FORT WALTON BEACH, FLORIDA LAW ENFORCEMENT TRUST SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE – BUDGET AND ACTUAL FOR THE YEAR ENDED SEPTEMBER 30, 2015 Variance with Final Budget - Budgeted Amounts Positive Original Final Actual (Negative) REVENUES Intergovernmental $ - $ 27,195 $ 23,730 $ (3,465) Fines - - 12,746 12,746 Miscellaneous 3,715 3,715 6,460 2,745 Total revenues 3,715 30,910 42,936 12,026 EXPENDITURES Current Public safety 16,500 62,684 87,955 (25,271) Capital outlay - 41,605 11,764 29,841 Total expenditures 16,500 104,289 99,719 4,570 NET CHANGE IN FUND BALANCE (12,785) (73,379) (56,783) 16,596 FUND BALANCE AT BEGINNING OF YEAR 12,785 73,379 279,567 206,188 FUND BALANCE AT END OF YEAR $ - $ - $ 222,784 $ 222,784 94  CITY OF FORT WALTON BEACH, FLORIDA LAW ENFORCEMENT TRUST TRAINING SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE – BUDGET AND ACTUAL FOR THE YEAR ENDED SEPTEMBER 30, 2015 Variance with Final Budget - Budgeted Amounts Positive Original Final Actual (Negative) REVENUES Fines $ 7,000 $ 7,000 $ 6,755 $ (245) Miscellaneous 135 135 153 18 Total revenues 7,135 7,135 6,908 (227) EXPENDITURES Current Public safety 8,625 8,625 6,422 2,203 NET CHANGE IN FUND BALANCE (1,490) (1,490) 486 1,976 FUND BALANCE AT BEGINNING OF YEAR 1,490 1,490 10,476 8,986 FUND BALANCE AT END OF YEAR $ - $ - $ 10,962 $ 10,962 95  CITY OF FORT WALTON BEACH, FLORIDA FLORIDA BUILDING CODE SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE – BUDGET AND ACTUAL FOR THE YEAR ENDED SEPTEMBER 30, 2015 Variance with Final Budget - Budgeted Amounts Positive Original Final Actual (Negative) REVENUES Permits and fees $ 314,900 $ 314,900 $ 325,538 $ 10,638 Miscellaneous 2,195 2,345 3,868 1,523 Total revenues 317,095 317,245 329,406 12,161 EXPENDITURES Current Public safety 309,849 320,043 311,032 9,011 Capital outlay 21,000 21,969 20,398 1,571 Total expenditures 330,849 342,012 331,430 10,582 NET CHANGE IN FUND BALANCE (13,754) (24,767) (2,024) 22,743 FUND BALANCE AT BEGINNING OF YEAR 13,754 24,767 275,903 251,136 FUND BALANCE AT END OF YEAR $ - $ - $ 273,879 $ 273,879 96  CITY OF FORT WALTON BEACH, FLORIDA COMMUNITY DEVELOPMENT BLOCK GRANT SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE – BUDGET AND ACTUAL FOR THE YEAR ENDED SEPTEMBER 30, 2015 Variance with Final Budget - Budgeted Amounts Positive Original Final Actual (Negative) REVENUES Intergovernmental $ 115,400 $ 115,400 $ 139,692 $ 24,292 EXPENDITURES Current Economic environment 133,893 168,369 103,615 64,754 Capital outlay 125,324 90,848 25,783 65,065 Total expenditures 259,217 259,217 129,398 129,819 NET CHANGE IN FUND BALANCE (143,817) (143,817) 10,294 154,111 FUND BALANCE AT BEGINNING OF YEAR 143,817 143,817 (6,231) (150,048) FUND BALANCE AT END OF YEAR $ - $ - $ 4,063 $ 4,063 97  CITY OF FORT WALTON BEACH, FLORIDA BEAL MEMORIAL CEMETERY PERPETUAL CARE SPECIAL REVENUE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE – BUDGET AND ACTUAL FOR THE YEAR ENDED SEPTEMBER 30, 2015 Variance with Final Budget - Budgeted Amounts Positive Original Final Actual (Negative) REVENUES Miscellaneous $ 31,000 $ 31,000 $ 11,690 $ (19,310) EXPENDITURES Current Physical environment 8,000 11,077 11,077 - DEFICIENCY OF REVENUES UNDER EXPENDITURES 23,000 19,923 613 (19,310) OTHER FINANCING SOURCES (USES) Transfers in 36,000 36,000 34,423 (1,577) Transfers out - (25,000) (25,000) - Total other financing sources (uses) 36,000 11,000 9,423 (1,577) NET CHANGE IN FUND BALANCE 59,000 30,923 10,036 (20,887) FUND BALANCE AT BEGINNING OF YEAR - - 2,249,720 2,249,720 FUND BALANCE AT END OF YEAR $ 59,000 $ 30,923 $ 2,259,756 $ 2,228,833 98  CITY OF FORT WALTON BEACH, FLORIDA DEBT SERVICE FUND SCHEDULE OF REVENUES, EXPENDITURES, AND CHANGES IN FUND BALANCE – BUDGET AND ACTUAL FOR THE YEAR ENDED SEPTEMBER 30, 2015 Variance with Final Budget - Budgeted Amounts Positive Original Final Actual (Negative) REVENUES Miscellaneous $ - $ - $ - $ - Total revenues - - - - EXPENDITURES Debt service Principal 681,019 681,019 660,107 20,912 Interest 349,385 349,385 344,544 4,841 Total expenditures 1,030,404 1,030,404 1,004,651 25,753 DEFICIENCY OF REVENUES UNDER EXPENDITURES (1,030,404) (1,030,404) (1,004,651) 25,753 OTHER FINANCING SOURCES (USES) Transfers in 1,030,404 1,030,404 1,004,651 (25,753) NET CHANGE IN FUND BALANCE - - - - FUND BALANCE AT BEGINNING OF YEAR - - 25,449 25,449 FUND BALANCE AT END OF YEAR $ - $ - $ 25,449 $ 25,449 99  CITY OF FORT WALTON BEACH, FLORIDA NON-MAJOR PROPRIETARY FUND STATEMENT OF NET POSITION SEPTEMBER 30, 2015 Stormwater Fund ASSETS Current assets Cash and cash equivalents $ 726,608 Receivables, net 41,954 Due from other governments 35,542 Total current assets 804,104 Capital assets, net Non-depreciable/amortizable 64,174 Depreciable/amortization, net 1,062,175 Total capital assets 1,126,349 TOTAL ASSETS 1,930,453 DEFERRED OUTFLOWS OF RESOURCES 26,330 LIABILITIES Current liabilities Accounts payable 3,473 Accrued liabilities Compensated absences 3,290 Wages 12,688 Total current liabilities 19,451 Non-current liabilities Accrued liabilities Compensated absences